{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-026558","form_type":"8-K","ticker":"NP","cik":"0002067129","company_name":"Neptune Insurance Holdings Inc.","filed_at":"2026-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.464474+00:00","generated_at":"2026-05-15T04:57:10.916863+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Neptune Q1 revenue +29% to $37.8M, adj. EBITDA +26%; raises FY guidance; authorizes $100M buyback","bullets":["Q1 2026 revenue $37.8M (+29% YoY); net income $7.3M (-26%) on $6.9M stock-based comp; adj. net income $13.4M (+21%).","Adjusted EBITDA $21.6M (+26%); margin 57.1%. Full-year 2026 guidance raised: revenue $195M, adj. EBITDA margin 60-61%.","Board approved $100M stock repurchase program for Class A common, no expiration date.","Written premium $86.7M (+26% YoY); premium in force $389M (+32%); policies in force 295,000 (+28%).","Operating cash flow $16.7M (from $14.3M); debt reduced $13M to $227.0M; net leverage 2.2x."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-026558","json":"https://secwatch.observer/filing/0001628280-26-026558.json","markdown":"https://secwatch.observer/filing/0001628280-26-026558.md","text":"https://secwatch.observer/filing/0001628280-26-026558.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067129/000162828026026558/0001628280-26-026558-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067129/000162828026026558/np-20260422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:57:10.916863+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7485ac6e498a867fd870df82ddd9ea792432d9a1","claim":"Neptune Insurance Holdings Inc. updated its the first quarter ended March 31, 2026 guidance (raised).","evidence_excerpt":"On April 22, 2026, Neptune Insurance Holdings Inc. (the “Company”) issued a press release and an earnings presentation announcing its financial results for the first quarter ended March 31, 2026.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2067129/000162828026026558/0001628280-26-026558-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}